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12-08-2024
In 2022, the global market for exported animal feeds reached a total value of US$21.4 billion.
This figure, which excludes retail sales of pet dog and cat food, marks a significant 29.9% increase from the $16.5 billion reported in 2018, five years earlier.
In comparison, exports of dog and cat food intended for retail sales reached $22.7 billion in 2022, surpassing the value of exported animal feeds.
On a year-over-year basis, exported animal feeds saw an 8% increase from $19.8 billion in 2021.
The top five exported animal feeds countries are the Netherlands, the United States, Germany, China, and Belgium. Together, these nations accounted for 47.7% of global exported animal feeds in 2022.
From a regional perspective, European countries led the way in 2022, exporting animal feeds worth $13.2 billion, or 61.5% of the global total. Asian exporters followed with a 20.7% share, while 10.5% of the global exported animal feeds originated from North America.
Smaller contributions came from Latin America (5.3%, excluding Mexico but including the Caribbean), Africa (1.3%), and Oceania (0.5%), with Australia and New Zealand being the primary exporters.
For those researching, the 6-digit Harmonized Tariff System code for exported animal feeds preparations is 230990, which excludes retail-sold dog or cat food.
Leading Exported Animal Feeds Nations
Below is a list of the 15 countries that exported the highest value of exported animal feeds in 2022:
· Netherlands: US$3.1 billion (14.7% of global exported animal feeds)
· United States: $1.9 billion (8.8%)
· Germany: $1.76 billion (8.2%)
· China: $1.74 billion (8.2%)
· Belgium: $1.67 billion (7.8%)
· France: $1.3 billion (6.2%)
· United Kingdom: $791.5 million (3.7%)
· Spain: $651.3 million (3%)
· Italy: $599.5 million (2.8%)
· Denmark: $435.7 million (2%)
· Türkiye: $394.5 million (1.8%)
· Austria: $369.3 million (1.7%)
· Thailand: $369 million (1.7%)
· Brazil: $350.9 million (1.6%)
· Malaysia: $326.4 million (1.5%)
These 15 nations accounted for 74% of all exported animal feeds in 2022.
Among the leading exporters, the fastest-growing since 2021 were Türkiye (up 64.9%), China (up 24.7%), Malaysia (up 21.2%), and Italy (up 15%).
Meanwhile, four countries saw a decrease in their exported animal feeds values: Denmark (down 13.7% from 2021), Spain (down 8.4%), France (down 4.6%), and Austria (down 2.3%).
Animal Feed Exporting Companies
According to the global trading platform Tendata, the following are some of the top companies involved in the international trade of animal feeds as of 2024:
1. BASIL REMEDIES (16.49%, $1262.83 million)
2. SHEKHER PHARMACEUTICALS PRIVATE LIMITED (14.32%, $1096.75 million)
3. KARNATAKA ANTIBIOTICS AND PHARMACEUTICALS LTD (13.79%, $1056.19 million)
4. NUTRESSAORGANICS INDIA PRIVATE LIMITED (11.5%, $880.96 million)
5. TTK HEALTHCARE LIMITED (9.71%, $743.8 million)
6. ULTRAVET CARE (6.5%, $497.59 million)
7. REAL REMEDIES (6.06%, $464.31 million)
8. TAIYO FEED MILL PVT LTD (3.64%, $278.64 million)
9. VETOQUINOL INDIA ANIMAL HEALTH PVT LTD (3.44%, $263.2 million)
10. BHARAT ANIMAL FEEDS (3.43%, $262.55 million)
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